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Jan 25, 2013
01/13
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payroll taxes are nothing more than temporary tax cut was a rebate. like bush had two rebates that didn't work. obama had two rebates that didn't work. people know it's not permanent and pay down their credit cards but doesn't affect spending. got to go. hang on. when we come back you can whack at me. we got two major earnings reports out after today's close bell. we begin with microsoft, john joins us with the details. >> reporter: microsoft turned in solid results. revenue just a little bit short of expectations at 21.46 billion dollars. eps a penny better at 76 cents. microsoft says when you count deferred revenue thing are actually a little bit better than that. a couple of highlights. windows, the windows group did better than expected at 5.8 billion in revenue. the business division did a little shy at 5.7. now jane wells has a little bit on starbucks, another big company. jane? >> reporter: john, shares have been up after hours. they were up over 3% at one point. starbucks reported its best holiday ever, best earnings per share ever at 57 cents
payroll taxes are nothing more than temporary tax cut was a rebate. like bush had two rebates that didn't work. obama had two rebates that didn't work. people know it's not permanent and pay down their credit cards but doesn't affect spending. got to go. hang on. when we come back you can whack at me. we got two major earnings reports out after today's close bell. we begin with microsoft, john joins us with the details. >> reporter: microsoft turned in solid results. revenue just a little...
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Jan 29, 2013
01/13
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here is the pitch, no state taxes. better than sunshine. ♪ let's go. ♪ ♪ ♪ [ male announcer ] introducing the all-new cadillac xts... another big night on the town, eh? ...and the return of life lived large. ♪ >>> coming up on the "closing bell," coming up two stocks, apple down, research in motion is hot. which is the better stock to buy right now. we, of course, have that trade. plus, did amazon have a happy holiday? instant analysis of the online retailer's earnings. the dow inching closer to an all-time high. mark far ber is not impressed. find out why he's calling for a 20% selloff this year. they don't call him dr. doom for nothing. first "street signs." >> thanks very much, scotty, we're looking forward to it. we have breaking news here. what you're looking at is the president live in las vegas. he's going to be laying out his immigration reform plan. here on "street signs" we were talking about immigration, about 11 million illegal immigrants in the country. talking about growth if we made them legal.
here is the pitch, no state taxes. better than sunshine. ♪ let's go. ♪ ♪ ♪ [ male announcer ] introducing the all-new cadillac xts... another big night on the town, eh? ...and the return of life lived large. ♪ >>> coming up on the "closing bell," coming up two stocks, apple down, research in motion is hot. which is the better stock to buy right now. we, of course, have that trade. plus, did amazon have a happy holiday? instant analysis of the online retailer's...
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Jan 28, 2013
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. ...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. sic: "make someone happy" music: "make someone happy" ♪it's so important to make someone happy.♪ ♪it's so important to make someone happy.♪ ♪make just one heart to heart you - you sing to♪ ♪one smile that cheers you ♪one face that lights when it nears you.♪ ♪and you will be happy too. how did i know? well, i didn't really. see, i figured low testosterone would decrease my sex drive... but when i started losing energy and became moody... that's when i had an honest conversation with my doctor. we discussed all the symptoms... then he gave me some blood tests. showed it was low t. that's it. it was a number -- not just me. [ male announcer ] today, men with low t have androgel 1.62% (testosterone gel). the #1 prescribed topical testosterone replacement therapy, increases testosterone when used daily. women and children should
. ...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. sic: "make someone happy" music: "make someone happy" ♪it's so important to make someone happy.♪ ♪it's so important to make someone happy.♪ ♪make just one heart to heart you - you sing to♪ ♪one smile that cheers you ♪one face that lights when it nears you.♪ ♪and you will...
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Jan 24, 2013
01/13
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obviously, a lot of investors still reeling from all the debate over a dividend tax, carried interest tax to what degree do you think those are going to be on the table as we try to work out some larger bargain? >> difficult to itemize or list what will be on the table. i will say, this the finance committee has worked for many months now to try to come to a consens consensus, early efforts just in this month, chairman baucus, talking to him yesterday, about this, reporting on where they are. so, i think there's a real sense of urgency now to get a consensus on tax reform, to have a simpler and fairer systems to deal with areas were there's consensus. believe it or not, despite all the fighting in washington, there's a great consensus that we need tax reform and i think there's a growing consensus about even the elements to it. >> well, tax reform, the question is the tax tape, do you thank you obama is shifting the debate now, that there is going to be far more taken in greater taxes for the wealthy and far less in spending cuts because that is the cret rick? >> difficult to predict.
obviously, a lot of investors still reeling from all the debate over a dividend tax, carried interest tax to what degree do you think those are going to be on the table as we try to work out some larger bargain? >> difficult to itemize or list what will be on the table. i will say, this the finance committee has worked for many months now to try to come to a consens consensus, early efforts just in this month, chairman baucus, talking to him yesterday, about this, reporting on where they...
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Jan 31, 2013
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ahead of the tax years, 268 billion in december of 2012. of course, we will pay for this surge, the surge in dividends at & ul rate, borrow from this year, dividends rising, still a ways to go to get back to the '08 level. but if we ever do, but this surely means fewer dividend payments for the rest of this year. there is an upside of this, of course, helps government revenue. the treasury having its best december since that tame 2004 december month with a gain. that is up from december a year ago there is the chart that we are talking about this is the month on month year-on-year change for december, going back to 1994. of course this dividend sloshing around could help stocks in january if it's not spent, got to be invested. some ends up in stocks, see if some ends up in spending. >> interesting. you got to wonder if the rotation into stocks out of bonds was that or if it was rotation out of dividend payment nice stocks. >> some people plot it back in, go back into stocks. >> your thoughts on mfp tomorrow and the degree which the last few
ahead of the tax years, 268 billion in december of 2012. of course, we will pay for this surge, the surge in dividends at & ul rate, borrow from this year, dividends rising, still a ways to go to get back to the '08 level. but if we ever do, but this surely means fewer dividend payments for the rest of this year. there is an upside of this, of course, helps government revenue. the treasury having its best december since that tame 2004 december month with a gain. that is up from december a...
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Feb 1, 2013
02/13
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the republicans don't want their taxes raised. and the democrats just don't want their entitlements cut. that's the way we're going to keep moving. >> got to have a little fun before we go here down here in beautiful florida. >> sure. yeah. >> you traffic with a lot of hedge fund guys. i know you know dan lowe quite well, carl icahn. i have to ask you because you talked in this group about madoff and pyramid schemes and you talked about how they work. i have to ask you. i know you're not a stock guy, not going to give me something specific on herbalife but i know you know these guys. who's right? >> so i'll caveat my answer with the fact that i've not studied herbalife. i don't know whether -- knowing all of the different players, i've known some better than others for a long time. dan lobe is one the most talented investors in the world. he's a good friend. and i would never bet against dan lobe. so i think ackman's got a tough road from here. >> thanks for having a little fun with that. carl, you heard it there. do not bet again
the republicans don't want their taxes raised. and the democrats just don't want their entitlements cut. that's the way we're going to keep moving. >> got to have a little fun before we go here down here in beautiful florida. >> sure. yeah. >> you traffic with a lot of hedge fund guys. i know you know dan lowe quite well, carl icahn. i have to ask you because you talked in this group about madoff and pyramid schemes and you talked about how they work. i have to ask you. i know...
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Jan 29, 2013
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and don't do it just with higher taxes. that's just one of the results of the exclusive cnbc fed survey. i knew some of this -- so that's what you were talking about, steve. >> yesterday, yeah. >> we were looking for maybe the most -- the one that really jumps out and that is the number of people that say, you know, we do have a spending problem. >> you know, joe, it's the first day of a two-day fed meeting. that means it's time for the fed survey and almost always we start our lead hit is about what the market thinks we're going to do with the fed. but this time, as you said, the results jumped out so starkly, so amazingly that we want to just give you those results of the deficit and spending questions that we asked. so let's take a look at the three questions on spending that we did here. and you can see, as joe said, the message to washington, from wall street to washington is solve the deficit now. we asked, do you think we should solve the deficit problem, not at all? do we have a couple years to do so or should we do
and don't do it just with higher taxes. that's just one of the results of the exclusive cnbc fed survey. i knew some of this -- so that's what you were talking about, steve. >> yesterday, yeah. >> we were looking for maybe the most -- the one that really jumps out and that is the number of people that say, you know, we do have a spending problem. >> you know, joe, it's the first day of a two-day fed meeting. that means it's time for the fed survey and almost always we start...
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Jan 30, 2013
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remember when people say, once there's a sales tax, they're history. it didn't matter. >> california, i guess we were wrong, yeah. ease of use. >> it said the 3-d players weren't that strong, tvs weren't that strong. maybe they're buying them at best buy. >> big pause. >> maybe. listen, best buy has been an interesting move up here. by the way, period is going to begin very soon. richard schulze has his opportunity to do due diligence. now, i think the dell -- potential dell ibo got people excited about maybe they could get the equity. i hear it's going to be a very, very, very -- is that three verys? they'll come up with the money they need, even with him rolling in his stake. this may be the fourth quarter numbers, people perceive as being better than anticipated. >> if they're giving money away to netflix, can't they give money away to michael dell? isn't there just this weird supply of money out there? >> there's a lot of money, but it's still seeking a return. >> sometimes. >> yeah, sometimes. >> let's check in with bob who's here on the floor wit
remember when people say, once there's a sales tax, they're history. it didn't matter. >> california, i guess we were wrong, yeah. ease of use. >> it said the 3-d players weren't that strong, tvs weren't that strong. maybe they're buying them at best buy. >> big pause. >> maybe. listen, best buy has been an interesting move up here. by the way, period is going to begin very soon. richard schulze has his opportunity to do due diligence. now, i think the dell -- potential...
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Jan 24, 2013
01/13
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people are starting to play between states with high taxes and states with low taxes. a lot of people are leaving california and it's businesses that are leaving too. especially medium sized businesses that employ a fair number of people that are going to places like utah and idaho. this is not necessarily a great thing that we have got. companies moving around and people considering moving around. what we really need is for people to be thinking about the best ways to be productionive wherever they happen to be and not to figure out where they can go to skirt the laws. >> thank you. >> sure thing. >> coming up, the growing problem of revenge porn. say you are in a relationship that ends badly. your ex-has access to intimate foties of you. those picture may end up online posted on revenge porn websites. that story is next. [ woman ] uh-oh. [ male announcer ] when diarrhea hits, kaopectate stops it fast. powerful liquid relief speeds to the source. fast! [ male announcer ] stop the uh-oh fast with kaopectate. >>> at the world economic forum in switzerland where the glob
people are starting to play between states with high taxes and states with low taxes. a lot of people are leaving california and it's businesses that are leaving too. especially medium sized businesses that employ a fair number of people that are going to places like utah and idaho. this is not necessarily a great thing that we have got. companies moving around and people considering moving around. what we really need is for people to be thinking about the best ways to be productionive wherever...
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can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. all right that's a fifth-floor probleok.. not in my house! ha ha ha! ha ha ha! no no no! not today! ha ha ha! ha ha ha! jimmy how happy are folks who save hundreds of dollars switching to geico? happier than dikembe mutumbo blocking a shot. get happy. get geico. fifteen minutes could save you fifteen percent or more. britta olsen is my patient. i spend long hours with her checking her heart rate, administering her medication, and just making her comfortable. one night britta told me about a tradition in denmark, "when a person dies," she said, "someone must open the window so the soul can depart." i smiled and squeezed her hand. "not tonight, britta. not tonight." [ female announcer ] to nurses everywhere, thank you, from johnson & johnson. >>> you know, i bet when you order your french fries and then you eat them, you don't think much about how
can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. all right that's a fifth-floor probleok.. not in my house! ha ha ha! ha ha ha! no no no! not today! ha ha ha! ha ha ha! jimmy how happy are folks who save hundreds of dollars switching to geico? happier than dikembe mutumbo blocking a shot. get happy. get geico. fifteen minutes could save you fifteen percent or more. britta olsen...
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Jan 29, 2013
01/13
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and for a delicious way to help maintain a healthy weight, ...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. two. three. my credit card rewards are easy to remember with the bankamericard cash rewards credit card. earn 1% cash back everywhere, every time. [ both ] 2% back on groceries. [ all ] 3% on gas. no hoops to jump through. i earn more cash back on the things i buy the most. [ woman ] it's as easy as... one! -two. -[ all ] three! [ male announcer ] the bankamericard cash rewards credit card. apply online or at a bank of america near you. she can't always move the way she wants. now you can. with stayfree ultra thins. flexible layers move with your body while thermocontrol wicks moisture away. keep moving. stayfree. >>> 28 minutes past the hour here, welcome back to "starting point." in a matter of minutes, is he a nobel prize winning economist. >> not me. >> his ideas on the deficit getting a lot of attention, not you. "new york times" columnist p
and for a delicious way to help maintain a healthy weight, ...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. two. three. my credit card rewards are easy to remember with the bankamericard cash rewards credit card. earn 1% cash back everywhere, every time. [ both ] 2% back on groceries. [ all ] 3% on gas. no hoops to jump through. i earn more cash back on the things i...
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Jan 28, 2013
01/13
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exceptional offer ...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. all stations come over to mission a no go call. go. this is for real this time. we are on step seven point two one two. we have entered our two minute hold. cabin venting has been inhibited. copy that. sys two, verify and lock. command is locked. flight computer state has entered auto idyll. three, two, one. the falcon 9 has launched. preparing for nose cone separation. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. . >>> four people are under arrest in kexz connection with this weekend's deadly fire at a brazilian nightclub. we have more on the top stories with a horrendous story. >> two arrested are the club's owners other two are members of the band who were performing. it coincided with a pyrotechnics show that may have c
exceptional offer ...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. all stations come over to mission a no go call. go. this is for real this time. we are on step seven point two one two. we have entered our two minute hold. cabin venting has been inhibited. copy that. sys two, verify and lock. command is locked. flight computer state has entered auto idyll. three,...
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...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. she can't always move the way she wants. now you can. with stayfree ultra thins. flexible layers move with your body while thermocontrol wicks moisture away. keep moving. stayfree. sven gets great rewards for his small business! how does this thing work? oh, i like it! [ garth ] sven's small business earns 2% cash back on every purchase, every day! woo-hoo!!! so that's ten security gators, right? put them on my spark card! why settle for less? testing hot tar... great businesses deserve great rewards! [ male announcer ] the spark business card from capital one. choose unlimited rewards with 2% cash back or double miles on every purchase, every day! what's in your wallet? here's your invoice. omnipotent of opportunity. you know how to mix business... with business. and you...rent from national. because only national lets you choose any car in the
...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. she can't always move the way she wants. now you can. with stayfree ultra thins. flexible layers move with your body while thermocontrol wicks moisture away. keep moving. stayfree. sven gets great rewards for his small business! how does this thing work? oh, i like it! [ garth ] sven's small business earns 2% cash back...
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Jan 25, 2013
01/13
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we shouldn't be talking about protecting the wealthy from raising taxes. we should be talking about a tax code that promotes economic growth, and that lifts all boats. tax code that is fair for everyone and promotes economic growth, it's going to create more jobs, it's going to create better jobs t will allow people to move into the middle class so the bottom line it's about taxes, it's about an overbearing government but it's really about how we communicate it. are we really protecting a certain segment of taxpayers or are we looking to have a tax code that promotes economic growth. it's a great history in our party of people like a jack kemp who knew how to speak to folks in a way that was really understandable and reached every man and i think that's what we have to get back to, that rhetoric, that kind of conversation that really reaches people where they live, that it's about jobs, it's about opportunity, it's about the rising of the american dream. >> senator mel martinez, former rnc chairman and former florida senator nice to see you as always. than
we shouldn't be talking about protecting the wealthy from raising taxes. we should be talking about a tax code that promotes economic growth, and that lifts all boats. tax code that is fair for everyone and promotes economic growth, it's going to create more jobs, it's going to create better jobs t will allow people to move into the middle class so the bottom line it's about taxes, it's about an overbearing government but it's really about how we communicate it. are we really protecting a...
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Jan 29, 2013
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also undergo background checks, pay taxes and a penalty, and learn english. want to bring in our senior latin american affairs editor to talk about the reaction, specifically when it comes to mexicans. >> a lot of people waiting for a long time on this talking about mexican americans, everybody has somebody in their family touched by immigration. i want to talk to you about some of the numbers regarding immigration. for example, during the obama years, immigration authorities have reached record levels of what they call removals, detentions and deportations of immigrants. take a look at year 2012, 409,849 detentions just to put it in perspective. similar to deporting each and everyone in cities like omaha, nebraska, oakland, california. let me also talk about somebody that a lot of people don't really know much about, and the reality is that according to the pew hispanic center the net migration from mexico to the united states has reached zero. between 200 aand 2010, 1.4 million immigrants arrived but 1.4 million or more left which again, talks about the fac
also undergo background checks, pay taxes and a penalty, and learn english. want to bring in our senior latin american affairs editor to talk about the reaction, specifically when it comes to mexicans. >> a lot of people waiting for a long time on this talking about mexican americans, everybody has somebody in their family touched by immigration. i want to talk to you about some of the numbers regarding immigration. for example, during the obama years, immigration authorities have reached...
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Jan 29, 2013
01/13
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they should pay taxes and a penalty, and they should learn english. i think we're still waiting to see as the details are flushed out in these plans as they become more specific, you would think obviously that whatever pathway the president is proposing is probably going to fall to the left of something that republicans have signed to in the senate. i think that's a fair assumption. also the senate planned like to tie border security directly to the pathway to citizenship. and we don't think the white house is totally on board with that. but they're also not completely poo-pooing it because they're trying to capitalize on this moment now when republicans are also along with democrats saying something has to be done on the issue. >> so some are saying that this was thunder stealing in terms of the -- the senators announcing their proposals yesterday. the president announcing his proposals today. and that there was actually quite a bit of backroom dealing in order to convince the president maybe not to do certain things. how did all of that play out? >>
they should pay taxes and a penalty, and they should learn english. i think we're still waiting to see as the details are flushed out in these plans as they become more specific, you would think obviously that whatever pathway the president is proposing is probably going to fall to the left of something that republicans have signed to in the senate. i think that's a fair assumption. also the senate planned like to tie border security directly to the pathway to citizenship. and we don't think...
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Jan 29, 2013
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>> after i pay taxes, i'm going to see my mother. she has alzheimer's and my sister is taking care of her and my brother is there in utah. get out there, see where it goes from there. >> the big check that you got. and i understand you spent some time with the heat players and the heat dancers. i was recently at a miami heat game. it is incredible to watch not just the players, but also dancers. tell us what was the experience like? >> went with the flow. never experienced that before obviously. so it was a great feeling. >> yeah, i bet. i bet. you from illinois as i mentioned. just outside of chicago. >> from wisconsin. milwaukee area. >> okay. milwaukee. you were a bulls fan, right? >> pretty much. pretty much. >> not anymore. >> have to cheer for your home team. they are the champs. i had no problem going there and doing the thing. >> this has gone viral. can you believe it? 100,000 views. pretty incredible, right. mike, congratulations. >> thank you. >> if you want, i'm available to take some of that money from you. >> mike, no.
>> after i pay taxes, i'm going to see my mother. she has alzheimer's and my sister is taking care of her and my brother is there in utah. get out there, see where it goes from there. >> the big check that you got. and i understand you spent some time with the heat players and the heat dancers. i was recently at a miami heat game. it is incredible to watch not just the players, but also dancers. tell us what was the experience like? >> went with the flow. never experienced...
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Jan 29, 2013
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some of the companies say your taxes are paying their ceos big bucks bonuses. in 2012 the head of aig was given $10.5 million. at ally financial, the ceo took home $9.5 million. the head of general motors was awarded $9 million. the government's top bailout watchdog says that is excessive. alison kosik joins us from the new york stock exchange with more. good morning. >> reporter: good morning, carol. what the government's top bailout watchdog is pointing to is pointing at the state department. t.a.r.p. says the government has failed to rein in the excessive spending at aig, ally, and g.m. they took bailouts but ceos are getting hefty bonuses. kristi romero says "they continue to lack at an appreciation for their extraordinary situations and fuel to view themselves through the lenses of companies substantially owned by the u.s. government." executive pay is said to be more closely aligned for employees of similar rank in their industry. say a cfo at g.m. should be paid a similar amount to a cfo at chrysler. but surprise, romero says that hasn't happened. last y
some of the companies say your taxes are paying their ceos big bucks bonuses. in 2012 the head of aig was given $10.5 million. at ally financial, the ceo took home $9.5 million. the head of general motors was awarded $9 million. the government's top bailout watchdog says that is excessive. alison kosik joins us from the new york stock exchange with more. good morning. >> reporter: good morning, carol. what the government's top bailout watchdog is pointing to is pointing at the state...
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Jan 25, 2013
01/13
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he supported tax increases. what does that say to you? >> two things. he joins a growing list of senators whoa are frustrated with the senate. that's a problem for all americans. not one party or another, but it has to be functional again. two, split cally speaking, it's not a safe republican state. this is what people have to keep their eye on. republicans lean as the favorites in the beginning. nothing is a sure thing even in the state of georgia. >> what do you think? you study georgia closely. >> absolutely. one of the first states i campaign in. he said it has been a really outstanding conservative member before i got to know him. as well as the united states senate. he is on the farm bills and authored most of the authorization bills. clearly his decision is personal i'm sure. he is frustrated with washington, d.c. and members of both parties are frustrated with the gridlock. the republicans will nominate somebody in main street, but while georgia is the so-called red state, president obama was able to get more than 45% of the vote there. i assume
he supported tax increases. what does that say to you? >> two things. he joins a growing list of senators whoa are frustrated with the senate. that's a problem for all americans. not one party or another, but it has to be functional again. two, split cally speaking, it's not a safe republican state. this is what people have to keep their eye on. republicans lean as the favorites in the beginning. nothing is a sure thing even in the state of georgia. >> what do you think? you study...
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Jan 28, 2013
01/13
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.$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day after day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] one pill each morning. 24 hours. zero heartburn. >>> well, it's the exit interview everybody is talking about. hillary clinton, the president, sitting down together, laughing, chummy chummy as they spoke about their shared vision for the nation and why they were doing this. what do you think? right to will cain, because i love you so. what do you think is behind all this? >> i'll take it at face value. the president wants to thank hillary clinton for four years of service, and well he should. this was a coming together, coming out of a heated primary. setting up hilary clinton four years from now? joe biden, hillary clinton. who will he endorse? >> people say thank you all the time, don't sit
.$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day after day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] one pill each morning. 24 hours. zero heartburn. >>> well, it's the exit interview everybody is talking about. hillary clinton, the...
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Jan 30, 2013
01/13
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. >> if you politicians would only stop talking about more taxes and more gun bans and more regulations on honest people, and spend a little bit of that rhetoric and a little bit of that energy going after violent criminals of complete breakdown of our criminal justice system and the fact we don't even prosecute criminals with guns anymore, because the system has collapsed, maybe then we would make progress. >> also at some point we have got to say enough is enough. otherwise when the nra will not say that you should not permit the civilian sale of bazookas. what we're talking about is a weapon crafted for war that floats around the streets of our cities, that puts our police in a position of being outgunned by the bad guys, that has kids killing kids with them. >> since the newtown, connecticut, shooting that left 27 dead, the nra says 500,000 more people have joined its membership. >>> anderson cooper, don't miss this, taking on the gun violence debate tomorrow night. he'll take a good long look at both sides of the issue. we're calling it "guns under fire," a town hall special tomorr
. >> if you politicians would only stop talking about more taxes and more gun bans and more regulations on honest people, and spend a little bit of that rhetoric and a little bit of that energy going after violent criminals of complete breakdown of our criminal justice system and the fact we don't even prosecute criminals with guns anymore, because the system has collapsed, maybe then we would make progress. >> also at some point we have got to say enough is enough. otherwise when...
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and we also saw retail jobs hold in there, even as a payroll tax expiration, the holiday expiration, many worry that you see retail jobs get hit. that didn't happen at you will. we saw so much information, some of it conflicts, wolf, about what is happening on the economy. gdp over here on the bearish side of the ledger. it actually sha rank. that's a job concern. jobless claims rose in the recent week. consumer confident got hit. but durable goods, home prices, the fed, private sector job growth, all of those are lining up in favor of continued growth in the u.s. economy. wolf? >> christine, thank you. >>> president obama reportedly will be changing offices in the coming months, at least for a temporary period. the president will move out of the white house oval office into a replica across the street in the eisenhower executive office building. the current oval office was built during franklin roosevelt's term. it's due for a major, major renovation. >>> sad news from former president george w. bush and his wife laura, their 12-year-old dog has died. barney guarded the south lawn e
and we also saw retail jobs hold in there, even as a payroll tax expiration, the holiday expiration, many worry that you see retail jobs get hit. that didn't happen at you will. we saw so much information, some of it conflicts, wolf, about what is happening on the economy. gdp over here on the bearish side of the ledger. it actually sha rank. that's a job concern. jobless claims rose in the recent week. consumer confident got hit. but durable goods, home prices, the fed, private sector job...
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Jan 27, 2013
01/13
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what are the prospects for moving from an income tax to a consumption tax in the future? >> i'm going to give you one minute and 27 seconds. >> that addresses these both. on life you are right. 55 billion souls have lost their lives to abortion. we do not know how many scientists, doctors, artists, athletes, how many great businessmen who might have started a business to deal with this transformation, have been lost. i salute you for being at the march for life on one of the coldest days of the year. i think we need to remain a party that celebrates every human life as a precious gift from god that should be protected from conception until natural death. [applause] >> i will give you a grand total of a minute on this final one. would you like to see a world power become eminent or would like to come home and switch republican if we could have that? >> somewhere in between is the truth of it. since world war ii we have been the preeminent voice for freedom, peace on the globe. that we must remain. we must remain unapologetically a voice for freedom and peace. when you thin
what are the prospects for moving from an income tax to a consumption tax in the future? >> i'm going to give you one minute and 27 seconds. >> that addresses these both. on life you are right. 55 billion souls have lost their lives to abortion. we do not know how many scientists, doctors, artists, athletes, how many great businessmen who might have started a business to deal with this transformation, have been lost. i salute you for being at the march for life on one of the coldest...
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Jan 26, 2013
01/13
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tax will go down. and our overall tax burden is down. the unemployment rate in our state is now at just over 6.5%. that is not done because i created more jobs. it is because we created an environment in which it was more advantageous, particularly for small business leaders, to make investments to lead to more jobs. that is the third truth out of that brown bag common sense. i think most people understand that. the best way to create jobs is to empower the people, particularly small businesses, to be in a position to do that. those are the things that are relevant to where people are at. those same pundits who say we should change our principles talk about certain voting blocks and segments out there. i think the message we talked about, as long as we talk about it in terms of relevance -- in terms that are relevant, as long as we go out to those places where those voters are at, i think that is one mistake that many republicans have made. we sit in places that are comfortable rather than going to com
tax will go down. and our overall tax burden is down. the unemployment rate in our state is now at just over 6.5%. that is not done because i created more jobs. it is because we created an environment in which it was more advantageous, particularly for small business leaders, to make investments to lead to more jobs. that is the third truth out of that brown bag common sense. i think most people understand that. the best way to create jobs is to empower the people, particularly small...
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Jan 27, 2013
01/13
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the sales tax. it is an idea gaining popularity with republican leaders. send us a tweet and tell us what say you are from and what you are talking about and what you have to share with us. that is @cspanwj. jamie is up next on the independent line. caller: good morning. i would like to preface by setting, can i have enough time to get my point across? we have a new governor who left congress as a member of the tea party caucus, which was headed by the likes of michelle bachman. i am pessimistic about our future at this point in time because we are pretty much being overtaken by tea partyism. the republican party could have taken over the senate if not for more -- richard burr doctor was able to run richard lugar it way from the senate. we had a democrat that was able to reach across the aisle and get things accomplished. the tea party do does seem to want to work anyway. it is their way or the highway. mike pence even caucused with the tea party with the united states house of representatives. i am
the sales tax. it is an idea gaining popularity with republican leaders. send us a tweet and tell us what say you are from and what you are talking about and what you have to share with us. that is @cspanwj. jamie is up next on the independent line. caller: good morning. i would like to preface by setting, can i have enough time to get my point across? we have a new governor who left congress as a member of the tea party caucus, which was headed by the likes of michelle bachman. i am...
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Jan 30, 2013
01/13
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the top tax rate in russia -- in the u.s. went up to 39.6%. there is a flat tax in russia of 13%. better than.s. do rusher in taxes? -- russia. guest: this has been tested. "money printing will cause inflation" and it keeps not happening. don't tell me the numbers are skewed. at one point the say people have the wrong model. if you're not willing to say that, i cannot deal with that. that is something that is turning into something that is irrational. i don't think the measure of a country's success is how low the top tax rate is. would you rather live in russia or sweden? i would take sweden. we can argue. if you like to have lower tax rates at the top, tell me which social programs you want to cut. there is no evidence in our history that tax rates at the level we have are a big problem for the economy. host: comment on twitter with a question. guest: right now they are small. it's not clear there are any negatives. barring more is a good thing -- borrowing more is a good thing. that will hurt future growth, keep people unemployed for a long time. they will never get started on
the top tax rate in russia -- in the u.s. went up to 39.6%. there is a flat tax in russia of 13%. better than.s. do rusher in taxes? -- russia. guest: this has been tested. "money printing will cause inflation" and it keeps not happening. don't tell me the numbers are skewed. at one point the say people have the wrong model. if you're not willing to say that, i cannot deal with that. that is something that is turning into something that is irrational. i don't think the measure of a...
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Jan 29, 2013
01/13
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taxes are only relevant to that because taxes create that helps to create stability. so that is where taxes are relevant. we want to create fiscal stability, set policies in place but the private sector sees as helping to make the country more competitive. if the private sector and thinks the u.s. is likely on a relative bases to be more competitive in europe, they will typically make a decision to make investments in the u.s. as opposed to europe. if they decided to other parts of the world would likely be more competitive, they would make their investments there. two things we need to do, first, create fiscal stability. our live there to be a grand bargain style deficit deal that gets us on a trajectory across the long term that we're not dealing with this every few months. that's very destructive in terms of people making investment decisions. second, do some things in terms of policy. national energy policy and its destructive policy. continued investments in education and a change in immigration policy. executives would look at that and see those very positively
taxes are only relevant to that because taxes create that helps to create stability. so that is where taxes are relevant. we want to create fiscal stability, set policies in place but the private sector sees as helping to make the country more competitive. if the private sector and thinks the u.s. is likely on a relative bases to be more competitive in europe, they will typically make a decision to make investments in the u.s. as opposed to europe. if they decided to other parts of the world...
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Jan 31, 2013
01/13
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by this year, create a new cyber security tax credit. there is another important thing that we can do this year that would also create jobs. that is offshore land. moving forward on offshore land. [applause] moving forward with offshore land could make maryland a new regional manufacturing hub for wind turbines. we will create jobs and generate abundant and clean and renewable energy, but only if we choose. mr. speaker, mr. president, members of the general assembly, let's get this done this year, shall we? [applause] ultimately, the greatest asset that we have as you well know is demonstrated by the votes you have cast. maryland has built up one of the most highly skilled workforce of the country. better choices, better results. the reality is that too many of the new jobs being created in our economy go on field -- go unfulfilled. why? too many people lack the skills to fill them. your vote on a bill will allow us to partner with businesses to put more workers with the skills they need to go kill jobs that are in the highest demand. --
by this year, create a new cyber security tax credit. there is another important thing that we can do this year that would also create jobs. that is offshore land. moving forward on offshore land. [applause] moving forward with offshore land could make maryland a new regional manufacturing hub for wind turbines. we will create jobs and generate abundant and clean and renewable energy, but only if we choose. mr. speaker, mr. president, members of the general assembly, let's get this done this...
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Jan 25, 2013
01/13
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the tax code. the tax code is preferential for some people in some income levels and some circumstances and then other people talk about the marriage penalty under the tax code and it's not preferential. so i will stay away from the tax code, because the tax code is extremely confusing. and i don't think it's the real issue here. i'd love to see the tax code issue resolved. in the meantime, i'm much more interested in seeing lesbian and gay families be recognized and treated fairly by the government. host: president in his inaugural address earlier this week addressed the issue. the first time the word gay was used in an inaugural address. here's a portion of his speech. [video clip] >> we the people declare today that the most evident of truths that all of us are created equal is the star that guides us still just as it guided our forebears through seneca falls and selma and stone wall, just as it guided all those men and women who left footprints along this great mall to hear a preacher say that
the tax code. the tax code is preferential for some people in some income levels and some circumstances and then other people talk about the marriage penalty under the tax code and it's not preferential. so i will stay away from the tax code, because the tax code is extremely confusing. and i don't think it's the real issue here. i'd love to see the tax code issue resolved. in the meantime, i'm much more interested in seeing lesbian and gay families be recognized and treated fairly by the...
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Jan 27, 2013
01/13
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whether it is taxed did, taxes and regulation. let me give a perfect example. one of the best slogans that came out of this last campaign was "you built that." and it was in response to barack obama's terrible but revealing comment, "you didn't built about -- build that, you didn't build that small business. "that was one of the best moments of the last campaign. but i wish we'd taken a different tack on it because that was a slogan that was aimed at the 53%. it was aimed at business owners, at people who had already gotten there. i think our message should have been "you can build that." because what barack obama was saying to everyone struggling to climb the economic ladder is you can't build that. listen, i don't really care who built the corporate titans and giants of today. one of the biggest lies of politics is the lie that republicans are the party of big business. big business loves big government. big business is very, very happy to get in bed with big government to hire an army of lobbyists and tax attorneys and to entrench their power. we should be t
whether it is taxed did, taxes and regulation. let me give a perfect example. one of the best slogans that came out of this last campaign was "you built that." and it was in response to barack obama's terrible but revealing comment, "you didn't built about -- build that, you didn't build that small business. "that was one of the best moments of the last campaign. but i wish we'd taken a different tack on it because that was a slogan that was aimed at the 53%. it was aimed at...
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Jan 24, 2013
01/13
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we've got to make trget targeted cuts and reforms but we also believe we need to eliminate a lot of tax breaks and loopholes that we heard from our colleagues about in order to reduce the deficit in a balanced way. if you don't do that, you sock it to everybody else in the country. let's pass a balanced approach to reducing our deficit and not one that takes it out of the expenditure. the speaker pro tempore: the gentleman's time has expired. the gentleman from michigan. mr. camp: i would just say w have already increased the debt limit over $5 trillion in the obama administration, almost a 50% inkeys in the debt limit. let me also say we have had many several, temporary short-term increases in the de limit before there's been a more permanent long-term increase in 1987, 1990, 1996. it is not unprecedented, the action we're going to be taking today. with that, i yield two minutes to the distinguished member of the ways and means committee, the gentleman from washington state, mr. reichert. the speaker pro tempore: the gentleman is recognized for two minutes. mr. reichert: thank you, mr.
we've got to make trget targeted cuts and reforms but we also believe we need to eliminate a lot of tax breaks and loopholes that we heard from our colleagues about in order to reduce the deficit in a balanced way. if you don't do that, you sock it to everybody else in the country. let's pass a balanced approach to reducing our deficit and not one that takes it out of the expenditure. the speaker pro tempore: the gentleman's time has expired. the gentleman from michigan. mr. camp: i would just...
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Jan 25, 2013
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you see that in our tax code. our tax code is so complicated because there are so many giveaways to the special interest groups or the well-connected that don't privilege americans that work hard and try to put food on the table. >> i have often wondered and explored this if people have an appetite for limited government? americans in general, the government keeps getting bigger. we struggle to obtain the a slower right of growth, which is a great vibtry in a way it is. have you found an appetite for limited government? or limited government for others and not for themselves? >> i believe so. i said often times in the campaign trail that the constitution is very popular and big government is not popular. that is where we should anchor our program and policies. you saw this in the president's speech on monday even though it was a very liberal speech. he didn't call for big government. >> the inaugural address? >> yeah, the inaugural address. that's because he knows what bill clinton knew in 1996, that big governmen
you see that in our tax code. our tax code is so complicated because there are so many giveaways to the special interest groups or the well-connected that don't privilege americans that work hard and try to put food on the table. >> i have often wondered and explored this if people have an appetite for limited government? americans in general, the government keeps getting bigger. we struggle to obtain the a slower right of growth, which is a great vibtry in a way it is. have you found an...
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Jan 31, 2013
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they get the average hard- working, tax pain average american. >> talking about individual guns. >> one bill bans all kinds of guns used for target shooting, hunting, personal protection, and yet, on the other hand, she accepts guns and has the exact same performance characteristics as the guns she does not have. gun owners know the truth. that is why gun owners in this country, the 100 million, get upset about this stuff. they are the victims of these lies about taking the term assault and applying it to firearms. they know the truth inherently. a look at their heads and they shake their head and say, none of this makes any sense. >> i appreciate that. let me ask you this. in your testimony, you state all women interested -- jurisdictions with concealed laws reap the benefits even if they choose not to have weapons themselves. please explain why. >> he mentioned gun owners are very concerned about all of these burdens possibly put on law abiding citizens. i will tell you non-gun owners are concerned about this, too. you do not have to choose to carry to be the beneficiary of laws that
they get the average hard- working, tax pain average american. >> talking about individual guns. >> one bill bans all kinds of guns used for target shooting, hunting, personal protection, and yet, on the other hand, she accepts guns and has the exact same performance characteristics as the guns she does not have. gun owners know the truth. that is why gun owners in this country, the 100 million, get upset about this stuff. they are the victims of these lies about taking the term...
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Feb 1, 2013
02/13
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people who should be paying taxes are living in the shadows. we need to make them fully contributing members for our society. our economy is denied the contribution of people who want to work hard and be productive members of the society. this has lingered unresolved for far too long. it is time to get it done, move on, and fixing our broken immigration system, and no one disagrees with that, is urgent. i support the efforts of this bipartisan group of senators. people always looking for acts of bipartisanship in this body. take a look at this. this is work that is exemplary and i commend each of them. it is an urgent priority. our nation needs a common-sense solution in a tough and smart path to citizenship for the estimated 10 million citizens in our country who are undocumented. i have been advocating these principles for years. i am pleased the bipartisan framework meets that criteria. i am encouraged to see progress and they are finding common ground. president obama has made immigration reform a top priority. it is my top priority. i am c
people who should be paying taxes are living in the shadows. we need to make them fully contributing members for our society. our economy is denied the contribution of people who want to work hard and be productive members of the society. this has lingered unresolved for far too long. it is time to get it done, move on, and fixing our broken immigration system, and no one disagrees with that, is urgent. i support the efforts of this bipartisan group of senators. people always looking for acts...
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Jan 26, 2013
01/13
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i do not think we can continue to tax the american economy, it is about prioritizing spending. i am a fiscal conservative. but we have to get our spending under control. will utilize your position to approach the president to work with us in good faith -- will you utilize your position to approach the president to work with us in good faith? >> i spent six months on the supercommittee. i put enormous amounts of hope and energy towards us getting a grand deal. there was a very hard line, not negotiating position that prevented us from being able to come to an agreement, which incidentally, we just came to. but we came to it with far less on the table and far less accomplished than we would have if we came to it six months or year ago. i certainly will weigh in on that to the degree that it has an impact on my ability to do my job and the ability of the state department to be able to do its job. we cannot reduce the funding for some of these initiatives the we are engaged in without great cost to our ability to be able to help american business, help create jobs, and help strengt
i do not think we can continue to tax the american economy, it is about prioritizing spending. i am a fiscal conservative. but we have to get our spending under control. will utilize your position to approach the president to work with us in good faith -- will you utilize your position to approach the president to work with us in good faith? >> i spent six months on the supercommittee. i put enormous amounts of hope and energy towards us getting a grand deal. there was a very hard line,...
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Jan 26, 2013
01/13
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your governors, senators, mayors, city council, dog catcher, tax collector. are you in favor of term limits, yes or no? here are the numbers. host: you can also reach out to us by social media. host: i want to show you some of the numbers from the recently released gallup poll. they ask americans support for establishing term limits for federal lawmakers. suppose on election day you could vote for key issues as well as candidates. or againstote for the number of terms congress and senate can serve? nationally among adults those voting for term limits are in the 75% range. those who say they would vote against term limits, 21%. those who had no opinion, 5%. breaking it down among political parties, republicans, those voting for, who say they would vote for term limits, 82% of republicans questioned in this gallup poll, 82% say they would vote for term limits. 15% say they would vote against. 3% say they have no opinion. independence, 79% say they would vote for term limits. 17% say they would vote against. 4% say they have no opinion. and among democrats, 65%
your governors, senators, mayors, city council, dog catcher, tax collector. are you in favor of term limits, yes or no? here are the numbers. host: you can also reach out to us by social media. host: i want to show you some of the numbers from the recently released gallup poll. they ask americans support for establishing term limits for federal lawmakers. suppose on election day you could vote for key issues as well as candidates. or againstote for the number of terms congress and senate can...
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Jan 30, 2013
01/13
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i have a hard time telling my constituents in taxes that congress is looking at passing a raft of new laws when the laws we currently have on the books are so woefully not enforced. i think we need to do what we can to address the shortcomings in mental health care, as well as background checks mechanisms we used to screen out prohibited gun buyers. we need to ask what the years of the institutionalization of the mentally ill have done for the safety of the american public. we need to ask about people who are subjected to a court order to outpatient mental health treatment. tens of millions are falling to the cracks and surely, we can agree that more needs to be done to and from -- enforce existing gun laws. the gun prosecutions are down across the board. mr. chairman, i hope we will have a follow-up hearing to ask administration witnesses to come before the panel and testify why agencies of government are not enforcing laws that congress has already passed. it is worth noting that five years ago, congress was asking the same questions we are asking right now. in 2008, there was an at
i have a hard time telling my constituents in taxes that congress is looking at passing a raft of new laws when the laws we currently have on the books are so woefully not enforced. i think we need to do what we can to address the shortcomings in mental health care, as well as background checks mechanisms we used to screen out prohibited gun buyers. we need to ask what the years of the institutionalization of the mentally ill have done for the safety of the american public. we need to ask about...